Audit & Accounting

High-income backdown; Direct File collision; the vaping excise mess; and other highlights from our favorite tax bloggers.

The hiring pace at small businesses dropped slightly in July, payroll processor Paychex reported Tuesday, but wage growth remained consistent.

Tax pros share their thoughts on what's driving the pipeline problem, and some short-term fixes.

Generative AI continues to build in the accounting world, as both KPMG and Armanino announced new capacities in their respective audit tools.

The accountant shortage remains an acute challenge in the U.S. and other parts of the globe, but some countries may be experiencing a comeback.

I volunteered as a conference host to meet the people in the field doing the hard work of government financial management every day.

The PCAOB issued its annual report on its audits of brokers and dealers and noted that it's seeing at least one deficiency in 70% of the 103 audit engagements it reviewed in 2023.

The Financial Accounting Standards Board issued a proposed accounting standards update to request public comments on possible changes to two of its standards.

The Public Company Accounting Oversight Board has released the results of initial outreach efforts regarding auditors and generative AI.

Going concern opinions have slowly decreased over the last two decades, with the exception of spikes during the 2008 financial crisis and the years of the COVID-19 pandemic.